KIANI FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: KIANI FOUNDATION (EIN 01-0956020)
Tax period: 2023-04-01 to 2024-03-31
Filed: 2024-09-10
IRS object ID: 202432549349100338
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Expenditure Responsibility Stmt
Expln Of Non Filing With AG Stmt
General Explanation Attachment
Legal Fees Schedule
Other Expenses Schedule
Other Increases Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-09-10T16:29:57-05:00	ReturnTs
Tax Period End	2024-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL BERRY CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 5045	AddressLine1Txt
City	CULVER CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	902315045	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	010956020	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE MASIMO FOUNDATION FOR ETHICS	BusinessNameLine1Txt
Business Name Line2	INNOVATION AND COMPETITION IN HEALTHCARE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	MASI	BusinessNameControlTxt
Phone	9492977792	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	52 DISCOVERY	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92618	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICAH YOUNG	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	9492977792	PhoneNum
Signature	2024-09-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL BERRY	PreparerPersonNm
PTIN	P00179412	PTIN
Phone	3108382204	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$933,702	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$1,800,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$46	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$46	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$36,991	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$36,991	DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$1,837,037	TotalRevAndExpnssAmt
Total Net Invst Incm	$37,037	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,638	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$1,638	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$10,360	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$10,360	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$25,000	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$25,000	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$764	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$0	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$250	TaxesDsbrsChrtblAmt
Printing And Pub Rev And Expnss	$6,300	PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm	$0	PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl	$6,300	PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss	$1,055	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$60	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$995	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$45,117	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$60	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$44,543	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$2,820,626	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$3,363,930	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,865,743	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$60	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$3,408,473	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,028,706	ExcessRevenueOverExpensesAmt
Net Investment Income	$36,977	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$564,803	CashBOYAmt
Cash EOY	$926,552	CashEOYAmt
Cash EOYFMV	$926,552	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,926,139	SavAndTempCashInvstBOYAmt
Prepaid Expenses BOY	$7,664	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$7,150	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$7,150	PrepaidExpensesEOYFMVAmt
Total Assets BOY	$2,498,606	TotalAssetsBOYAmt
Total Assets EOY	$933,702	TotalAssetsEOYAmt
Total Assets EOYFMV	$933,702	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$1,160	AccountsPayableBOYAmt
Accounts Payable EOY	$8,170	AccountsPayableEOYAmt
Grants Payable BOY	$651,860	GrantsPayableBOYAmt
Grants Payable EOY	$108,556	GrantsPayableEOYAmt
Total Liabilities BOY	$653,020	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$116,726	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$1,845,586	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$816,976	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,845,586	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$816,976	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$2,498,606	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$933,702	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,845,586	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,028,706	ExcessRevenueOverExpensesAmt
Other Increases	$96	OtherIncreasesAmt
Subtotal	$816,976	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$816,976	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$514	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$514	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$514	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$1,414	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$1,414	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$900	OverpaymentAmt
Applied To ES Tax	$900	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Org Report Or Register State	DE	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	0	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	HTTP://WWW.MASIMOFOUNDATION.ORG	WebsiteAddressTxt
Individual With Books	BARNETT COMPANY	IndividualWithBooksNm
Phone	9492663040	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	30212 TOMAS SUITE 200	AddressLine1Txt
City	RANCHO SANTA MARGARITA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92688	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	0	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	Yes (1)	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
JOE KIANI
52 DISCOVERY	IRVINE	CA	92618	CHAIRMAN	0.50	$0	$0	$0
FREDERICK HARRIS
52 DISCOVERY	IRVINE	CA	92618	DIRECTOR	0.25	$0	$0	$0
SARAH KIANI
52 DISCOVERY	IRVINE	CA	92618	DIRECTOR	0.25	$0	$0	$0
STEVE JENSEN
52 DISCOVERY	IRVINE	CA	92618	DIRECTOR	0.25	$0	$0	$0
TOM MCCLENAHAN
52 DISCOVERY	IRVINE	CA	92618	SECRETARY	0.05	$0	$0	$0
MICAH YOUNG
52 DISCOVERY	IRVINE	CA	92618	TREASURER	0.10	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$991,046	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$991,046	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$991,046	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$14,866	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$976,180	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$48,809	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$48,809	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$514	TaxBasedOnInvestmentIncomeAmt
Total Tax	$514	TotalTaxAmt
Distributable Before Adj	$48,295	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$48,295	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$48,295	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$3,408,473	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$3,408,473	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$48,295	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$2,384,557	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$2,217,749	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$2,263,205	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$2,153,410	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,319,061	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$11,337,982	TotalExcessDistributionCyovAmt
Qualifying Distributions	$3,408,473	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$48,295	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$3,360,178	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$14,698,160	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$2,384,557	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$12,313,603	ExcessDistriCyovToNextYrAmt
Excess From Year4	$2,217,749	ExcessFromYear4Amt
Excess From Year3	$2,263,205	ExcessFromYear3Amt
Excess From Year2	$2,153,410	ExcessFromYear2Amt
Excess From Year1	$2,319,061	ExcessFromYear1Amt
Excess From Current Year	$3,360,178	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	THE MASIMO FOUNDATION ATTN GLENN PA	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	52 DISCOVERY	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92618	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	9492977792	RecipientPhoneNum
Recipient Email Address	GLENNPARRISH@MASIMOFOUNDATION.ORG	RecipientEmailAddressTxt
Form And Info And Materials	THE LETTER SHOULD PROVIDE INFORMATION NECESSARY FOR THE FOUNDATION TO DETERMINE WHETHER THE GRANT REQUEST MEETS ITS GUIDELINES AND SUPPORTS ITS MISSION, INCLUDING A DESCRIPTION OF THE PROJECT TO BE FUNDED, THE TOTAL PROJECT BUDGET, THE AMOUNT REQUESTED FROM THE FOUNDATION, AND BACKGROUND INFORMATION ABOUT THE APPLYING ORGANIZATION, INCLUDING ITS HISTORY, PURPOSE AND ACTIVITIES. REVIEW THE LETTER OF INQUIRY CHECKLIST FOR MORE DETAILS WHICH CAN BE FOUND AT HTTP://WWW.MASIMOFOUNDATION.ORG. THE FOUNDATION CONSIDERS ALL LETTERS OF INQUIRY AND ACKNOWLEDGES THEIR RECEIPT BY EMAIL. IF THE FOUNDATION DETERMINES THAT THE REQUESTOR'S FUNDING NEEDS ARE CONSISTENT WITH THE FOUNDATION'S ELIGIBILITY REQUIREMENTS, THE REQUESTOR WILL BE INVITED TO APPLY AND PROVIDE THE NECESSARY FORMS AND DETAILS TO SUBMIT A COMPREHENSIVE APPLICATION.	FormAndInfoAndMaterialsTxt
Submission Deadlines	NONE	SubmissionDeadlinesTxt
Restrictions On Awards	NONE	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt	Address Line1RecipientForeignAddress/AddressLine1Txt	CityRecipientForeignAddress/CityNm	Province Or StateRecipientForeignAddress/ProvinceOrStateNm	CountryRecipientForeignAddress/CountryCd
ONEOC
1901 E 4TH STREET SUITE 100	SANTA ANA	CA	92705	NONE	PC	GENERAL OPERATIONS	$1,000,000
CHILDREN'S PSC FOUNDATION
PO BOX 1328	MENLO PARK	CA	94026	NONE	PC	GENERAL OPERATIONS	$50,000
AYENEH FOUNDATION
PO BOX 17490	ENCINO	CA	91314	NONE	PC	GENERAL OPERATIONS	$100,000
AYENEH FOUNDATION
PO BOX 17490	ENCINO	CA	91314	NONE	PC	GENERAL OPERATIONS	$100,000
BILL HILLARY AND CHELSEA CLINTON FOUNDATION
1200 PRESIDENT CLINTON AVENUE	LITTLE ROCK	AR	72201	NONE	PC	GENERAL OPERATIONS	$500,000
SHARESAFE SOLUTIONS LLC
182 ST FRANCIS ST SUITE 302	MOBILE	AL	36602	NONE	NC	CREATION OF VIDEO SERIES RE PATIENT SAFETY AND PREVENTION OF HOSPITAL ACQUIRED CONDITIONS.	$250,000
THE BRETT TASHMAN FOUNDATION
1723 BRENTWOOD AVENUE	UPLAND	CA	91784	NONE	PC	GENERAL OPERATIONS	$25,000
THE CARTER CENTER
ONE COPENHILL 453 JOHN LEWIS	ATLANTA	GA	30307	NONE	PC	GENERAL OPERATIONS	$99,000	FREEDON PARKWAY NE
ANAHEIM COMMUNITY FOUNDATION
200 S ANAHEIM BOULEVARD SUITE 433	ANAHEIM	CA	92805	NONE	PC	GENERAL OPERATIONS	$20,000
FOUNDATION FOR ANESTHESIA EDUCATION & RESEARCH
1061 AMERICAN LANE	SCHAUMBERG	IL	60173	NONE	PC	GENERAL OPERATIONS	$50,000
ST MARY AND ALL ANGELS CHRISTIAN SCHOOL
7 PURSUIT	ALISO VIEJO	CA	92656	NONE	PC	FUNDING FOR SCHOLARSHIPS	$35,000
ONEOC
1901 E 4TH STREET SUITE 100	SANTA ANA	CA	92705	NONE	PC	GENERAL OPERATIONS	$500,000
PATIENT SAFETY WATCH
				NONE	NC	PATIENT SAFETY RESEARCH	$60,000		5 TECHNOLOGH PARK COLINDEEP LANE	LONDON	LONDON	UK
IBERO-AMERICAN SOCIETY OF NEONATOLOGY INC
30 COLUMBIA TPKE STE 204	FLORHAM PARK	NJ	07932	NONE	PC	GENERAL OPERATIONS	$70,000
CALIFORNIA INSTITUTES OF TECHNOLOGY
1200 EAST CALIFORNIA BOULEVARD	PASADENA	CA	91125	NONE	PC	FUNDING FOR SCHOLARSHIPS	$504,930

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$3,363,930	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$46	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$36,991	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$37,037	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$37,037	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MASIMO CORPORATION	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	52 DISCOVERY	AddressLine1Txt
City	IRVINE	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	92618	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$1,800,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING	CategoryTxt
Amt	$10,360	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$10,360	DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	GrantGrantDt	GrantGrantAmt	Purpose Of GrantPurposeOfGrantTxt	Expended By GranteeExpendedByGranteeAmt	Any Diversion By GranteeAnyDiversionByGranteeTxt	Dates Of Reports By GranteeDatesOfReportsByGranteeTxt	Results Of VerificationResultsOfVerificationTxt	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd
USA TODAY-SEE STATEMENT 12
7950 JONES BRANCH DRIVE	MCLEAN	VA	22107	2020-03-04	$515,000	TO EXPAND USA TODAY'S CAPACITY TO PRODUCE UNIQUE, GROUNDBREAKING JOURNALISM INITITIATIVE FOCUS ON THE FOLLOWING TWO AREAS:A) EXPANDING ISSUES RELATED TO PREVENTABLE HARMS AND DEATHS.B) SHINING LIGHT ON SOLUTIONS THAT CAN IMPROVE CARE.GRANT COMPLETED BY MARCH 31,2024.	$515,000	TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED	MARCH 25, 2021,NOVEMBER 15, 2022, AND FEBRUARY 9, 2024	THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFCIATION OF THE REPORT WAS MADE.
PENINGTON INSTITUTE
				2022-11-22	$50,000	DEVELOP A SET OF COMMUNITY EDUCATION AND CAPACITY BUILDING TOOLS TO ADDRESS THE UNITED STATES DEEPENING OPIOID CRISIS. NOTE- THERE WAS A 14 FOREIGN TRANSLATION ADJUSTMENT. GRANT COMPLETED BY MARCH 31,2024.	$50,014	TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED	DECEMBER 11, 2023	THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFCIATION OF THE REPORT WAS MADE.	95 DRUMMOND STREET	CARLTON	VICTORIA	AS
PATIENT SAFETY WATCH- SEE STATEMENT 13
				2023-02-22	$60,000	PATIENT SAFETY RESEARCH	$60,000	TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED	MAY 5, 2024	THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFCIATION OF THE REPORT WAS MADE.	5 TECHNOLOGH PARK COLINDEEP LANE	LONDON	LONDON	UK
SHARESAFE SOLUTIONS LLC
182 ST FRANCIS ST 302	MOBILE	AL	36602	2023-09-25	$250,000	CREATION OF VIDEO SERIES ON PATIENT SAFETY AND PREVENTION OF HOSPITAL ACQUIRED CONDITIONS.	$116,713	TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED	AUGUST 13, 2024	THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFCIATION OF THE REPORT WAS MADE.

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

Field	Value	IRS element (for citing)
Explanation	DELAWARE DOES NOT REQUIRE A COPY OF FORM 990-PF.	ExplanationTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
PART VII-B, LINES 5(A)(4) AND LINE 5(C) & STATEMENT 10	ON MARCH 4, 2020, THE ORGANIZATION ENTERED INTO AN EXPENDITURE RESPONSIBILITY AGREEMENT WITH USA TODAY AS INDICATED IN STATEMENT 10. THE GRANT WAS A THREE-YEAR GRANT TOTALING $515,000- THE FIRST INSTALLMENT IN THE AMOUNT OF $136,500 WAS MADE IN THE FISCAL YEAR ENDING MARCH 31,2020 (PAYMENT MADE MARCH 4, 2020). THE SECOND INSTALLMENT IN THE AMOUNT OF $186,500 WAS MADE DURING THE FISCAL YEAR ENDING MARCH 31,2022 (PAYMENT MADE APRIL 19, 2021). THE FINAL PAYMENT TOTALING $192,000 WAS MADE DURING THE FISCAL YEAR ENDING MARCH 31,2023 (PAYMENT MADE DECEMBER 15,2022). INTERIM REPORTS WERE RECEIVED MARCH 25, 2021 AND NOVEMBER 15, 2022 AND A FINAL REPORT WAS RECEIVED FEBRUARY 9, 2024.
PART VII-B, LINES 5(A)(4) AND LINE 5(C) & STATEMENT 10	ON FEBRUARY 22,2023, THE ORGANIZATION ENTERED INTO AN EXPENDITURE RESPONSIBILITY AGREEMENT WITH PATIENT SAFETY WATCH, A UNITED KINGDOM CHARITY AS INDICATED IN STATEMENT 10. THE GRANT IS A THREE-YEAR GRANT TOTALING $180,000. THE FIRST INSTALLMENT IN THE AMOUNT OF $60,000 WAS MADE ON APRIL 27, 2023 AND AN INTERIM REPORT WAS RECEIVED MAY 4, 2024.

Form And Line ReferenceFormAndLineReferenceDesc

Medium ExplanationMediumExplanationTxt

PART VII-B, LINES 5(A)(4) AND LINE 5(C) & STATEMENT 10

ON MARCH 4, 2020, THE ORGANIZATION ENTERED INTO AN EXPENDITURE RESPONSIBILITY AGREEMENT WITH USA TODAY AS INDICATED IN STATEMENT 10. THE GRANT WAS A THREE-YEAR GRANT TOTALING $515,000- THE FIRST INSTALLMENT IN THE AMOUNT OF $136,500 WAS MADE IN THE FISCAL YEAR ENDING MARCH 31,2020 (PAYMENT MADE MARCH 4, 2020). THE SECOND INSTALLMENT IN THE AMOUNT OF $186,500 WAS MADE DURING THE FISCAL YEAR ENDING MARCH 31,2022 (PAYMENT MADE APRIL 19, 2021). THE FINAL PAYMENT TOTALING $192,000 WAS MADE DURING THE FISCAL YEAR ENDING MARCH 31,2023 (PAYMENT MADE DECEMBER 15,2022). INTERIM REPORTS WERE RECEIVED MARCH 25, 2021 AND NOVEMBER 15, 2022 AND A FINAL REPORT WAS RECEIVED FEBRUARY 9, 2024.